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  9. Q13

NABARD Grade A (Assistant Manager) 2024 · Question 13 of 230

Consider the following statements regarding the Cabinet-approved modifications to the Credit Risk Guarantee Scheme for affordable housing loans: 1. The corpus of the Credit Risk Guarantee Fund Trust (CRGFT) has been enhanced from Rs. 1,000 crore to Rs. 3,000 crore. 2. Housing loans extended by Banks, HFCs and PLIs are eligible for credit guarantee coverage. 3. Affordable housing loans to EWS and LIG are covered. 4. The management of CRGFT has been shifted from NHB to HUDCO. Which statements are correct?

CRGFT

  1. A2, 3 and 4 only
  2. B1, 2 and 3 onlyCorrect
  3. C1, 3 and 4 only
  4. D1, 2, 3 and 4
  5. EOnly 3 and 4

Answer: B. 1, 2 and 3 only

Official answer key verified. Detailed explanation coming soon.

Source: NABARD Grade A 2024 PYQ ebook - Phase 1 & Phase 2 (Oliveboard) · memory-based

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